Billionaire market speculator and philanthropist George Soros bought about $2 billion worth of European bonds from now-bankrupt MF Global — the same debt that pushed the firm to collapse, according to The Wall Street Journal.

When MF Global filed for bankruptcy, the firm sold part of the bonds
but still had about $4.8 billion worth of them on its books, CNBC reports.

They were turned over to KPMG, MF Global’s bankruptcy administrator
in London; they were then offered to big investors by MF Global’s London
clearing house, LCH Clearnet, the Journal said, quoting a KPMG
spokeswoman.